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Tidalwave

Category: AI in Fintech

Tidalwave is an agentic AI mortgage platform that automates end-to-end mortgage processes, including underwriting, document verification, and real-time income/employment checks. It uses autonomous AI agents to streamline loan approvals and reduce processing times. Tidalwave was founded in 2022. The company is led by Diane Yu. Based in New York, United States. Team size: 40. Total funding raised: $22 million. Latest round: Series A ($22M, November 2025, led by Permanent Capital). Key investors include Permanent Capital (Lead Investor), D.R. Horton (via DHI Mortgage), Engineering Capital.

Founded
2022
Headquarters
New York, United States
Team size
40
Total funding
$22 million

Value proposition

Reduces mortgage loan closing timelines from 43 days to real-time through AI-driven automation, eliminating manual errors and delays

Products and solutions

SOLO™ (AI-powered Point of Sale system), Underwriting automation tools, Real-time verification integrations, Pricing & Eligibility engine, Multilingual support (English & Spanish, expanding to 30+ languages), Voice-to-application conversion, Hallucination-free AI communication

Unique value

First agentic AI platform in mortgage tech, using autonomous agents to perform tasks like document analysis, income verification, and compliance checks without human intervention

Target customer

Mortgage lenders, brokers, and homebuyers seeking faster, automated loan processing

Industries served

Residential mortgages, Homebuyers, Mortgage brokers, Digital lending platforms, Banks and credit unions, Independent mortgage banks

Technology advantage

Direct integrations with Fannie Mae, Freddie Mac, ICE Mortgage Technology (Encompass), Plaid, Argyle, and Truv for instant underwriting and verification. Proprietary AI agents replace fragmented tools with a unified workflow

How they differentiate

Tidalwave differentiates through its agentic AI platform that enables real-time borrower interaction, integrates with major mortgage platforms (Fannie Mae, Freddie Mac, ICE Mortgage Technology), and automates income/employment verification via Plaid, Argyle, and Truv. Processes over 12,000 mortgages with 1-2 hour average processing time

Main competitors

Better.com, Rocket Mortgage, United Wholesale Mortgage (UWM), Quicken Loans, ICE Mortgage Technology

Key partnerships

Fannie Mae, Freddie Mac, ICE Mortgage Technology (Encompass), Plaid, Argyle, Truv, AccountChek, Optimal Blue, Meridian Link, First Colony Mortgage, NEXA Mortgage (via Bevri.ai), D.R. Horton, Mortgage Solutions Financial, MPower Mortgage, Developer's Mortgage Company, GNB Mortgage

Notable customers

DHI Mortgage (D.R. Horton), NEXA Mortgage (3,200+ loan officers), First Colony Mortgage, Mortgage Solutions Financial, MPower Mortgage, Developer's Mortgage Company, GNB Mortgage

Major milestones

Launched partnerships with First Colony Mortgage and Mortgage Solutions (May 2025), Integrated with Fannie Mae's Desktop Underwriter and Freddie Mac's Loan Product Advisor, Secured $22M Series A funding (November 2025), Expanded AI platform to brokers via NEXA Mortgage enterprise-wide deployment (August 2025), Added key industry hires from ICE and nCino (July 2025), Featured Diane Yu as 2025 Woman of Influence by HousingWire

Growth metrics

Processing over 12,000 mortgages since launch with 1-2 hour average processing time. On pace to sign 30 customers in 2025. Targeting 4% of U.S. mortgage market

Market positioning

Positioned as an innovator in AI-driven mortgage origination, targeting both lenders and borrowers with automated workflows and personalized experiences. Focuses on reducing manual processes and improving efficiency for mortgage professionals

Geographic focus

Primarily operates in the U.S. market with partnerships including national lenders like D.R. Horton's DHI Mortgage and NEXA Mortgage, suggesting broad geographic reach

Patents and IP

Patent-pending mortgage contextualizer ensures hallucination-free AI communication

About Diane Yu

Former CTO of Better.com (2021-2022), co-founder of FreeWheel (2007-2014, acquired by Comcast for $375M). 20+ years in fintech and AI platform development.

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